Annual report

Period2022-01-01 → 2022-12-31
Filed2026-09-14
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed

Amends S100QBIJ. Amended by S100Z255 (2026-09-14).

Key figures · 147
MetricValuePeriodScopeSource row
Revenue¥11.2bn2022-01-01 → 2022-12-31Cons.Net sales
Revenue¥9.5bn2021-01-01 → 2021-12-31Cons.Net sales
Revenue¥8.3bn2020-01-01 → 2020-12-31dCons.Net sales (5-year summary)
Revenue¥8.1bn2019-01-01 → 2019-12-31dCons.Net sales (5-year summary)
Revenue¥8.5bn2018-01-01 → 2018-12-31dCons.Net sales (5-year summary)
Operating income¥1.0bn2022-01-01 → 2022-12-31Cons.Operating income
Operating income¥427m2021-01-01 → 2021-12-31Cons.Operating income
Ordinary income¥1.2bn2022-01-01 → 2022-12-31Cons.Ordinary income
Ordinary income¥497m2021-01-01 → 2021-12-31Cons.Ordinary income
Ordinary income¥590m2020-01-01 → 2020-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥358m2019-01-01 → 2019-12-31dCons.Ordinary income loss (5-year summary)
Ordinary income¥517m2018-01-01 → 2018-12-31dCons.Ordinary income loss (5-year summary)
Profit before tax¥1.2bn2022-01-01 → 2022-12-31Cons.Income before income taxes
Profit before tax¥497m2021-01-01 → 2021-12-31Cons.Income before income taxes
Net income (owners)¥886m2022-01-01 → 2022-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥353m2021-01-01 → 2021-12-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥397m2020-01-01 → 2020-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥225m2019-01-01 → 2019-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥316m2018-01-01 → 2018-12-31dCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥886m2022-01-01 → 2022-12-31Cons.Profit loss
Net income¥353m2021-01-01 → 2021-12-31Cons.Profit loss
Total assets¥19.2bnat 2022-12-31Cons.Assets
Total assets¥17.8bnat 2021-12-31Cons.Assets
Total assets¥17.0bnat 2020-12-31dCons.Total assets (5-year summary)
Total assets¥17.2bnat 2019-12-31dCons.Total assets (5-year summary)
Total assets¥17.0bnat 2018-12-31dCons.Total assets (5-year summary)
Total liabilities¥5.5bnat 2022-12-31Cons.Liabilities
Total liabilities¥4.6bnat 2021-12-31Cons.Liabilities
Net assets / equity¥13.8bnat 2022-12-31Cons.Net assets
Net assets / equity¥13.2bnat 2021-12-31Cons.Net assets
Net assets / equity¥12.8bnat 2020-12-31dCons.Net assets
Net assets / equity¥13.1bnat 2019-12-31dCons.Net assets (5-year summary)
Net assets / equity¥12.7bnat 2018-12-31dCons.Net assets (5-year summary)
Cash and deposits¥4.5bnat 2022-12-31Cons.Cash and deposits
Cash and deposits¥3.9bnat 2021-12-31Cons.Cash and deposits
Cash & equivalents¥4.5bnat 2022-12-31Cons.Cash and cash equivalents
Cash & equivalents¥3.9bnat 2021-12-31Cons.Cash and cash equivalents
Cash & equivalents¥3.9bnat 2020-12-31dCons.Cash and cash equivalents
Cash & equivalents¥3.5bnat 2019-12-31dCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥3.6bnat 2018-12-31dCons.Cash and cash equivalents (5-year summary)
Operating cash flow¥1.1bn2022-01-01 → 2022-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥412m2021-01-01 → 2021-12-31Cons.Net cash provided by used in operating activities
Operating cash flow¥1.1bn2020-01-01 → 2020-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥279m2019-01-01 → 2019-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥708m2018-01-01 → 2018-12-31dCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥322m2022-01-01 → 2022-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥193m2021-01-01 → 2021-12-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥525m2020-01-01 → 2020-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥191m2019-01-01 → 2019-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥706m2018-01-01 → 2018-12-31dCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥207m2022-01-01 → 2022-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥208m2021-01-01 → 2021-12-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥212m2020-01-01 → 2020-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥210m2019-01-01 → 2019-12-31dCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥205m2018-01-01 → 2018-12-31dCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥132.772022-01-01 → 2022-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥52.922021-01-01 → 2021-12-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥59.522020-01-01 → 2020-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥33.672019-01-01 → 2019-12-31dCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥47.332018-01-01 → 2018-12-31dCons.Basic earnings loss per share (5-year summary)
Net assets per share¥2,061.76at 2022-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,979.11at 2021-12-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,919.97at 2020-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,963.23at 2019-12-31dCons.Net assets per share (5-year summary)
Net assets per share¥1,906.19at 2018-12-31dCons.Net assets per share (5-year summary)
Equity ratio71.5%at 2022-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio74.1%at 2021-12-31Cons.Equity to asset ratio (5-year summary)
Equity ratio75.3%at 2020-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio76.3%at 2019-12-31dCons.Equity to asset ratio (5-year summary)
Equity ratio74.9%at 2018-12-31dCons.Equity to asset ratio (5-year summary)
ROE6.6%2022-01-01 → 2022-12-31Cons.Rate of return on equity (5-year summary)
ROE2.7%2021-01-01 → 2021-12-31Cons.Rate of return on equity (5-year summary)
ROE3.1%2020-01-01 → 2020-12-31dCons.Rate of return on equity (5-year summary)
ROE1.7%2019-01-01 → 2019-12-31dCons.Rate of return on equity (5-year summary)
ROE2.5%2018-01-01 → 2018-12-31dCons.Rate of return on equity (5-year summary)
Employees263at 2022-12-31Cons.Number of employees
Employees250at 2021-12-31Cons.Number of employees
Employees248at 2020-12-31dCons.Number of employees
Employees252at 2019-12-31dCons.Number of employees
Employees245at 2018-12-31dCons.Number of employees
Revenue¥10.5bn2022-01-01 → 2022-12-31StandaloneNet sales
Revenue¥9.1bn2021-01-01 → 2021-12-31StandaloneNet sales
Revenue¥8.0bn2020-01-01 → 2020-12-31dStandaloneNet sales (5-year summary)
Revenue¥8.1bn2019-01-01 → 2019-12-31dStandaloneNet sales (5-year summary)
Revenue¥8.3bn2018-01-01 → 2018-12-31dStandaloneNet sales (5-year summary)
Operating income¥789m2022-01-01 → 2022-12-31StandaloneOperating income
Operating income¥320m2021-01-01 → 2021-12-31StandaloneOperating income
Ordinary income¥894m2022-01-01 → 2022-12-31StandaloneOrdinary income
Ordinary income¥382m2021-01-01 → 2021-12-31StandaloneOrdinary income
Ordinary income¥631m2020-01-01 → 2020-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥475m2019-01-01 → 2019-12-31dStandaloneOrdinary income loss (5-year summary)
Ordinary income¥646m2018-01-01 → 2018-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥893m2022-01-01 → 2022-12-31StandaloneIncome before income taxes
Profit before tax¥382m2021-01-01 → 2021-12-31StandaloneIncome before income taxes
Net income¥598m2022-01-01 → 2022-12-31StandaloneProfit loss
Net income¥237m2021-01-01 → 2021-12-31StandaloneProfit loss
Net income¥276m2020-01-01 → 2020-12-31dStandaloneNet income loss (5-year summary)
Net income¥340m2019-01-01 → 2019-12-31dStandaloneNet income loss (5-year summary)
Net income−¥255m2018-01-01 → 2018-12-31dStandaloneNet income loss (5-year summary)
Total assets¥18.7bnat 2022-12-31StandaloneAssets
Total assets¥17.6bnat 2021-12-31StandaloneAssets
Total assets¥17.0bnat 2020-12-31dStandaloneTotal assets (5-year summary)
Total assets¥17.3bnat 2019-12-31dStandaloneTotal assets (5-year summary)
Total assets¥16.9bnat 2018-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥5.3bnat 2022-12-31StandaloneLiabilities
Total liabilities¥4.5bnat 2021-12-31StandaloneLiabilities
Net assets / equity¥13.3bnat 2022-12-31StandaloneNet assets
Net assets / equity¥13.1bnat 2021-12-31StandaloneNet assets
Net assets / equity¥12.8bnat 2020-12-31dStandaloneNet assets
Net assets / equity¥13.2bnat 2019-12-31dStandaloneNet assets (5-year summary)
Net assets / equity¥12.7bnat 2018-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥4.3bnat 2022-12-31StandaloneCash and deposits
Cash and deposits¥3.7bnat 2021-12-31StandaloneCash and deposits
EPS (basic)¥89.682022-01-01 → 2022-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥35.532021-01-01 → 2021-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥41.32020-01-01 → 2020-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥50.992019-01-01 → 2019-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-38.152018-01-01 → 2018-12-31dStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥302022-01-01 → 2022-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥252021-01-01 → 2021-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥252020-01-01 → 2020-12-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥252019-01-01 → 2019-12-31dStandaloneDividend paid per share (5-year summary)
Dividend per share¥252018-01-01 → 2018-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,999.55at 2022-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,963.2at 2021-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,921.92at 2020-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,983.26at 2019-12-31dStandaloneNet assets per share (5-year summary)
Net assets per share¥1,906.74at 2018-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio71.4%at 2022-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio74.4%at 2021-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio75.6%at 2020-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio76.6%at 2019-12-31dStandaloneEquity to asset ratio (5-year summary)
Equity ratio75.1%at 2018-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE4.5%2022-01-01 → 2022-12-31StandaloneRate of return on equity (5-year summary)
ROE1.8%2021-01-01 → 2021-12-31StandaloneRate of return on equity (5-year summary)
ROE2.1%2020-01-01 → 2020-12-31dStandaloneRate of return on equity (5-year summary)
ROE2.6%2019-01-01 → 2019-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued7,424,140at 2022-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2021-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2020-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2019-12-31dStandaloneTotal number of issued shares (5-year summary)
Shares issued7,424,140at 2018-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees237at 2022-12-31StandaloneNumber of employees
Employees228at 2021-12-31StandaloneNumber of employees
Employees229at 2020-12-31dStandaloneNumber of employees
Employees234at 2019-12-31dStandaloneNumber of employees
Employees228at 2018-12-31dStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 39
SegmentItemPeriodValue
Reconciling Itemsreconcilingsegment assetsat 2022-12-31¥454m
Real Estate Rent Businessreportable segmentcapex2022-01-01 → 2022-12-31¥33m
Real Estate Rent Businessreportable segmentdepreciation2022-01-01 → 2022-12-31¥120m
Real Estate Rent Businessreportable segmentrevenue2022-01-01 → 2022-12-31¥577m
Real Estate Rent Businessreportable segmentrevenue external2022-01-01 → 2022-12-31¥577m
Real Estate Rent Businessreportable segmentsegment assetsat 2022-12-31¥2.0bn
Real Estate Rent Businessreportable segmentsegment profit2022-01-01 → 2022-12-31¥383m
Valve Businessreportable segmentcapex2022-01-01 → 2022-12-31¥481m
Valve Businessreportable segmentdepreciation2022-01-01 → 2022-12-31¥348m
Valve Businessreportable segmentemployeesat 2022-12-31256 pure
Valve Businessreportable segmentrevenue2022-01-01 → 2022-12-31¥10.6bn
Valve Businessreportable segmentrevenue external2022-01-01 → 2022-12-31¥10.6bn
Valve Businessreportable segmentsegment assetsat 2022-12-31¥16.8bn
Valve Businessreportable segmentsegment profit2022-01-01 → 2022-12-31¥654m
—segment totalcapex2022-01-01 → 2022-12-31¥514m
—segment totaldepreciation2022-01-01 → 2022-12-31¥468m
—segment totalrevenue2022-01-01 → 2022-12-31¥11.2bn
—segment totalrevenue external2022-01-01 → 2022-12-31¥11.2bn
—segment totalsegment assetsat 2022-12-31¥18.8bn
—segment totalsegment profit2022-01-01 → 2022-12-31¥1.0bn
Reconciling Itemsreconcilingsegment assetsat 2021-12-31¥450m
Real Estate Rent Businessreportable segmentdepreciation2021-01-01 → 2021-12-31¥117m
Real Estate Rent Businessreportable segmentrevenue2021-01-01 → 2021-12-31¥578m
Real Estate Rent Businessreportable segmentrevenue external2021-01-01 → 2021-12-31¥578m
Real Estate Rent Businessreportable segmentsegment assetsat 2021-12-31¥2.1bn
Real Estate Rent Businessreportable segmentsegment profit2021-01-01 → 2021-12-31¥389m
Valve Businessreportable segmentcapex2021-01-01 → 2021-12-31¥280m
Valve Businessreportable segmentdepreciation2021-01-01 → 2021-12-31¥320m
Valve Businessreportable segmentrevenue2021-01-01 → 2021-12-31¥8.9bn
Valve Businessreportable segmentrevenue external2021-01-01 → 2021-12-31¥8.9bn
Valve Businessreportable segmentsegment assetsat 2021-12-31¥15.3bn
Valve Businessreportable segmentsegment profit2021-01-01 → 2021-12-31¥39m
—segment totalcapex2021-01-01 → 2021-12-31¥280m
—segment totaldepreciation2021-01-01 → 2021-12-31¥437m
—segment totalrevenue2021-01-01 → 2021-12-31¥9.5bn
—segment totalrevenue external2021-01-01 → 2021-12-31¥9.5bn
—segment totalsegment assetsat 2021-12-31¥17.4bn
—segment totalsegment profit2021-01-01 → 2021-12-31¥427m
Valve Businessreportable segmentemployeesat 2022-12-31230 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,595
ItemContextValueUnit
Diluted earnings per share (5-year summary)Prior3YearDuration-
Diluted earnings per share (5-year summary)Prior2YearDuration-
Diluted earnings per share (5-year summary)Prior1YearDuration-
Diluted earnings per share (5-year summary)CurrentYearDuration-
Equity to asset ratio (5-year summary)Prior4YearInstant0.749
Equity to asset ratio (5-year summary)Prior3YearInstant0.763
Equity to asset ratio (5-year summary)Prior2YearInstant0.753
Equity to asset ratio (5-year summary)Prior1YearInstant0.741
Equity to asset ratio (5-year summary)CurrentYearInstant0.715
Rate of return on equity (5-year summary)Prior4YearDuration0.025
Rate of return on equity (5-year summary)Prior3YearDuration0.017
Rate of return on equity (5-year summary)Prior2YearDuration0.031
Rate of return on equity (5-year summary)Prior1YearDuration0.027
Rate of return on equity (5-year summary)CurrentYearDuration0.066
Price earnings ratio (5-year summary)Prior4YearDuration21.7
Price earnings ratio (5-year summary)Prior3YearDuration27.7
Price earnings ratio (5-year summary)Prior2YearDuration21.7
Price earnings ratio (5-year summary)Prior1YearDuration16.9
Price earnings ratio (5-year summary)CurrentYearDuration7.5
Net cash provided by used in operating activities (5-year summary)Prior4YearDuration707562000JPY
Net cash provided by used in operating activities (5-year summary)Prior3YearDuration278585000JPY
Net cash provided by used in operating activities (5-year summary)Prior2YearDuration1145532000JPY
Net cash provided by used in operating activities (5-year summary)Prior1YearDuration412260000JPY
Net cash provided by used in operating activities (5-year summary)CurrentYearDuration1070960000JPY
Net cash provided by used in investing activities (5-year summary)Prior4YearDuration-705816000JPY
Net cash provided by used in investing activities (5-year summary)Prior3YearDuration-191497000JPY
Net cash provided by used in investing activities (5-year summary)Prior2YearDuration-524889000JPY
Net cash provided by used in investing activities (5-year summary)Prior1YearDuration-192691000JPY
Net cash provided by used in investing activities (5-year summary)CurrentYearDuration-322239000JPY
Net cash provided by used in financing activities (5-year summary)Prior4YearDuration-204621000JPY
Net cash provided by used in financing activities (5-year summary)Prior3YearDuration-209764000JPY
Net cash provided by used in financing activities (5-year summary)Prior2YearDuration-211806000JPY
Net cash provided by used in financing activities (5-year summary)Prior1YearDuration-207965000JPY
Net cash provided by used in financing activities (5-year summary)CurrentYearDuration-206683000JPY
Cash and cash equivalents (5-year summary)Prior4YearInstant3630426000JPY
Cash and cash equivalents (5-year summary)Prior3YearInstant3503076000JPY
Cash and cash equivalents (5-year summary)Prior2YearInstant3911124000JPY
Cash and cash equivalents (5-year summary)Prior1YearInstant3926092000JPY
Cash and cash equivalents (5-year summary)CurrentYearInstant4487159000JPY
Number of employeesPrior4YearInstant245
Number of employeesPrior3YearInstant252
Number of employeesPrior2YearInstant248
Number of employeesPrior1YearInstant250
Number of employeesCurrentYearInstant263
Average number of temporary workersPrior4YearInstant84
Average number of temporary workersPrior3YearInstant79
Average number of temporary workersPrior2YearInstant79
Average number of temporary workersPrior1YearInstant85
Average number of temporary workersCurrentYearInstant85
Net sales (5-year summary)Prior4YearDuration_NonConsolidatedMember8302642000JPY

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 24 of 24 passed
balance sheet identityconsolidated 2021-12-31pass rounding
balance sheet identityconsolidated 2022-12-31pass
balance sheet identitynon_consolidated 2021-12-31pass
balance sheet identitynon_consolidated 2022-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2020-12-31pass
statement vs summary · net assetsconsolidated 2021-12-31pass
statement vs summary · net assetsconsolidated 2022-12-31pass
statement vs summary · net assetsnon_consolidated 2020-12-31pass
statement vs summary · net assetsnon_consolidated 2021-12-31pass
statement vs summary · net assetsnon_consolidated 2022-12-31pass
statement vs summary · net income attributable to parentconsolidated 2021-01-01/2021-12-31pass
statement vs summary · net income attributable to parentconsolidated 2022-01-01/2022-12-31pass
statement vs summary · operating cash flowconsolidated 2021-01-01/2021-12-31pass
statement vs summary · operating cash flowconsolidated 2022-01-01/2022-12-31pass
statement vs summary · revenueconsolidated 2021-01-01/2021-12-31pass
statement vs summary · revenueconsolidated 2022-01-01/2022-12-31pass
statement vs summary · revenuenon_consolidated 2021-01-01/2021-12-31pass
statement vs summary · revenuenon_consolidated 2022-01-01/2022-12-31pass
statement vs summary · total assetsconsolidated 2021-12-31pass
statement vs summary · total assetsconsolidated 2022-12-31pass
statement vs summary · total assetsnon_consolidated 2021-12-31pass
statement vs summary · total assetsnon_consolidated 2022-12-31pass